cBAT - CBAT

CBAK Energy Tech

CBAK Energy Technology Inc is engaged in the manufacture, commercialization and distribution of a variety of standard and customized lithium-ion high-power rechargeable batteries. The company operates in two operating segments: CBAK's segment mainly includes the manufacture, commercialization and distribution of a wide variety of standard and customized lithium ion rechargeable batteries for use in a wide array of applications. Hitrans' segment mainly includes the development and manufacturing of NCM precursor and cathode materials. Geographically, it generates a majority of its revenue from Mainland China and also has an operation in Europe, the United States, Korea, and Other Countries.

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CBAK shares are moving higher on Friday after the company announced it secured orders from Anker Innovations. 

What&#39;s Going On With CBAK Energy Shares Friday?

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CBAK Energy Technology, Inc. reported Q1 FY24 results, with revenue up 38.7%, gross margin up to 31.9%, and net income of $9.8 million. EPS of $0.11 beat consensus. Expecting strong growth for the year.

CBAK Energy Misses On Revenue Mark, Battery Business Shines Brighter

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CBAT reported Q4 FY23 revenue increase of 3.2% Y/Y to $56.2M. Battery business up 30.9%, but net revenues from batteries used in light electric vehicles down 69.5%.

CBAK Energy&#39;s Q4 Revenue Jumps With Battery Business Leading The Charge: Details

CBAK Energy Technology, Inc. - Common Stock

CBAK Energy Technology Inc

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CBAK Energy Secures Nearly USD7 Million Order From Renowned European Client

CBAK Energy to Report Second Quarter & First Half 2024 Unaudited Financial Results on Friday, August 9, 2024

CBAK Energy Reports Second Quarter and First Half 2024 Unaudited Financial Results

CBAK Energy to Report Third Quarter 2024 Unaudited Financial Results on Tuesday, November 12, 2024

CBAK Energy Reports Third Quarter & First Nine Months of 2024 Unaudited Financial Results

CBAK Energy Technology, Inc. Announces Significant Orders from Anker Innovations, totaling around USD 30 Million to 35 Million

CBAK Energy Announces Expansion in Nanjing: Equipment Procurement Completed and Trial Production Set for May 2025, Adding 3GWh of Capacity

CBAK Energy Announces Collaboration with Ather Energy, one of India's top five electric two-wheeler manufacturers

General

CBAK Energy's 32140 Cells Capture 19% of Global Market Share, Report Shows

CBAK Energy to Participate at Upcoming Jefferies 6th Asia Forum in Hong Kong

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